Government has taken the following steps to achieve the target of augmentation of coal production capacity: 1. Single Window Clearance System has been launched. 2. Guidelines for procedure and approval of mining plan has been simplified. 3. Auctioning of coal mines for commercial sale of coal started. 4.  Regular review and monitoring of allocated coal mines in the past. 5.  ...

Ministry of Coal has started Commercial Auction of coal mines on revenue share basis. In order to arrive at the revenue share based on market prices of coal, one National Coal Index (NCI) was conceptualized. The NCI is a price index which reflects the change of price level of coal on a particular month relative to the fixed base year. ...

The Mineral Laws (Amendment) Act, 2020 was enacted to amend the Coal Mines (Special Provisions) Act, 2015 [CMSP Act] and the Mines and Minerals (Development and Regulation) Act, 1957 [MMDR Act]. The amendments in the Acts enabled following. (i) Allocation of coal blocks for composite prospecting license-cum-mining lease which will help in increasing of the inventory of coal, lignite blocks ...

The auction process of 4 coal mines (Chendipada&Chendipada-II, Kuraloi (A) North and Seregarha) for sale of coal was launched by the Nominated Authority, Ministry of Coal on December 09, 2020. This was the second attempt of auction for these coal mines, for which the process was annulled in first attempt due to number of Technically Qualified Bidders being less than ...

Union Minister of Coal & Mines ShriPralhad Joshi presented “Coal Minister’s Award” tothree coal companies of Coal India Ltd. – Northern Coalfields Ltd (NCL), Central Coalfields Ltd (CCL) and Western Coalfields Ltd (WCL) in a function held in New Delhi today. The award has been instituted to promote best and sustainable practicesfor coal mining in the country. Shri Joshi also ...

In a bid to help power gencos to reduce their generation cost, Western Coalfields Limited (WCL), a subsidiary of Coal India Limited (CIL) has offered substantial additional quantity of coal to different power gencos of central, west & south india at a cheaper landed price. This will not only help Gencos to minimise their cost to reduce power tariff but ...

  India aims for 100 million tonnes (MT) coal gasification by 2030 with investments worth over Rs. 4 lakh crores, said Shri Pralhad Joshi, Union Minister of Coal and Mines. Addressing a webinar on Coal Gasification and Liquefaction, Shri Joshi said that Coal Gasification and Liquefaction is no more an aspiration, but a requirement. He added that for encouraging use of clean ...

This is with reference to the ongoing auction process of coal mines for commercial coal mining in India, which was launched by the Nominated Authority, Ministry of Coal, Government of India in June, 2020. Foreign Direct Investment (FDI) Policy, 2017 was amended vide the Press Note 4 of 2019, issued by the Central Government, to permit 100% FDI under automatic ...

Commencement of commercial coal mining will start new era of growth & development in Chhattisgarh, said Union Minister of Coal and Mines Shri Pralhad Joshi. Interacting with media during his visit to Chhattisgarh, Shri Joshi said that it will create around 60,000 additional employment for the people of the State. He added that under commercial coal mining the state will fetch minimum Rs. 4,400 ...

Death of Coal India employees due to Corona Pandemic will be treated as accidental death and the kins of employee will get the same financial benefits as they get in the case of accidental death during duty, said Union Minister of Coal and Mines Shri Pralhad Joshi. Interacting with media in Ranchi on his one day visit to Jhakhand, Shri ...